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2016 (11) TMI 494 - MADRAS HIGH COURTValidity of ex-parte order - demand due to denotification of certain sez areas - whether the demand for the interest on tax paid on areas denotified, is justified? - Held that: - demand for the interest on the said amount may not be justified, since it is a demand raised on the petitioner as a consequence upon the request for denotification, which is in process - this Court is inclined to grant one more opportunity to the petitioner to go before the Assessing Officer subject to certain conditions - The petitioner is directed to pay 15% of the disputed tax for all the four Assessment Years within a period of two weeks from the date of receipt of a copy of this order. On such remittance, the petitioner is granted 15 days time to submit their objections to the proposal made by the respondent and on receipt of the objections, the respondent shall afford an opportunity of personal hearing and re-do the assessment in accordance with law. Other proceedings also to be re-done taking note of the observation made by this Court - matter remanded back.
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